Mary Ofosuhene
Member
 Offline
Activity: 159
Merit: 10
|
 |
October 11, 2018, 08:06:42 PM |
|
From my point of view, banks make money through the services they render to we the customers who save our money with. As we save with them, they deduct a certain amount of money from our savings. Again, banks lease out the money customers save with them and through that, they gain some interest from loaning out money to others. Customers are being charged some fees for using banks' resources such as the automated teller machines and others.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Naficopa
|
|
October 11, 2018, 11:28:28 PM |
|
Most of the banks money is just virtual - they do not exist. Banks make most of their money on interest differences between deposits and loans, they collect another large portion for just running bank accounts. There is still a large part of what they trade when they keep the money transferred from the account to account - yes - all delayed transfers mean that the bank uses your money to trade on exchanges with currencies.
|
|
|
|
georgiasus
Member
Offline
Activity: 336
Merit: 10
|
|
October 12, 2018, 09:03:08 AM |
|
Banks earn money with products such as credit, insurance, and paid debit cards. In principle, I can’t say more about this anymore.
|
|
|
|
|
|
erikoy
|
|
October 12, 2018, 09:09:41 AM |
|
There are many things that could be done with the deposits on their institution like lending it to someone and getting some interest on the money being lend, transaction fee deducted to every transaction being made by its client, and using it to day trade stock exchange market. There are more than this being stated so obviously bank has a lot of things to earn using the deposits of its client.
|
|
|
|
|
crwth
Copper Member
Legendary
Offline
Activity: 2758
Merit: 1251
Try Gunbot for a month go to -> https://gunbot.ph
|
|
October 12, 2018, 09:14:47 AM |
|
From my point of view, banks make money through the services they render to we the customers who save our money with. As we save with them, they deduct a certain amount of money from our savings. Again, banks lease out the money customers save with them and through that, they gain some interest from loaning out money to others. Customers are being charged some fees for using banks' resources such as the automated teller machines and others.
They also make money out of interests, just like you said with loaning. They are using that to their advantage. I'm not sure if they have a central server dedicating, the information they have on people but knowing such information would be crucial from them, they would know who has money and who does not have. Most of the banks money is just virtual - they do not exist. Banks make most of their money on interest differences between deposits and loans, they collect another large portion for just running bank accounts. There is still a large part of what they trade when they keep the money transferred from the account to account - yes - all delayed transfers mean that the bank uses your money to trade on exchanges with currencies.
I think it's just numbered with corresponding users with what amount they have on an account, whether it is a savings type or a checking account, whatever. They are the ones collecting a lot of money and they use that to invest in other ways, having a large sum amount of money could really be why banks are so strong. Everything now is all about money, taking advantages of other people to profit from. Thankfully Bitcoin was invented. |
|
|
|
|
yitzjoe
|
|
October 12, 2018, 09:33:52 AM |
|
a bank is a fund-raising institution from a customer that later customers will get ease of transaction services using bank services. funds collected by banks are loaned to other customers in the form of loans with higher interest. banks benefit from the interest difference they run and this will continue to increase according to the circulation of money that comes out and goes into the bank
|
|
|
|
|
|
anhhung409
|
|
October 12, 2018, 09:42:31 AM |
|
I think banks make money from many different sources. As you know, every bank has thousands of users and they have to pay monthly fees, every year to use the services of the bank. In addition, the main source of income for the bank is the difference between interest rates on savings and loans. Therefore, they are always beneficial
|
|
|
|
bonammeo
Jr. Member
Offline
Activity: 70
Merit: 4
|
|
October 12, 2018, 09:54:33 AM |
|
A bank is a fund-raising organization from which you send money. From there, your money will be invested in businesses to profit, or lend. You send as much money, the bank as "love" you. And even more extensive life insurance, it works just like a bank. That is why you often see banks and life insurance linked together.
|
|
|
|
|
novakamena
Jr. Member
Offline
Activity: 115
Merit: 2
|
|
October 12, 2018, 10:21:12 AM |
|
A bank is a fund-raising organization from which you send money. From there, your money will be invested in businesses to profit, or lend. You send as much money, the bank as "love" you. And even more extensive life insurance, it works just like a bank. That is why you often see banks and life insurance linked together.
Banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits. |
|
|
|
|
|
liseff3
|
|
October 12, 2018, 10:38:12 AM |
|
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
The Bank's the only financial institution the most widely used by the wider community, especially in overcoming financial problems, either by ways of saving, credit, investment or other financial activities. If we look from the outside the bank seems to be very helpful to the community, they are willing to go to great lengths to save people's money, channel the money and even provide millions of ATMs which make it easier for customers to transact. But basically, profits are what each bank prioritizes. Each bank's identical to what's called interest. Interest's one of the bank's main income received from customers who have borrowed money. Actually what the bank loaned to its customers is money collected from its customers. That's where the bank benefits from interest. In this case, the bank doesn't use its money, because the bank's money has been used up by the government. Very cunning, isn't it? Not only that, but the bank also has many other fields of business, for example: Confiscated Assets, Collateral Items (collateral), Transaction Services, Investment Funds, and Safe Deposit Boxes (SDB). |
|
|
|
|
ndhdiwo234
Newbie
Offline
Activity: 34
Merit: 0
|
|
October 12, 2018, 11:52:31 AM |
|
Banks can make new money when they lend. New loans throughout the banking system create new deposits elsewhere in the system. This money is usually raised by lending behavior and decreases as loans are repaid faster than new loans are made.
|
|
|
|
|
Kira_lapa
Jr. Member
Offline
Activity: 126
Merit: 1
|
|
October 12, 2018, 12:44:34 PM |
|
Banks live at the expense of funds invested in storage, while they increase this amount several times and give as a percentage to the borrower. Moreover, the borrower receives a very small part of the amount that the Bank earned on his money by issuing loans. also, banks earn doing currency exchange, insurance, sale of precious metals. These are not all ways of earning banks.
|
|
|
|
|
OnceTwiceThird
Member
Offline
Activity: 606
Merit: 10
|
|
October 12, 2018, 01:06:08 PM |
|
Bank have the way to make money for their bank member money and loan for other and take much benefit from loaner to get more than their money borrow, this the way how bank could make money.
|
|
|
|
|
|
kidoseagle0312
|
|
October 12, 2018, 01:24:58 PM |
|
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Banks get their profit thru in every transactions fee of their client users, also they in my understanding, the savings of their customers they put it in the stock exchange market to have an interest to use it in loaning program in my idea, of course each of their clients had its own percentage of savings and not all are the amount they have in the bank too. Also they have monthly charge to all of their customers as well. |
|
|
|
|
communique91
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 12, 2018, 03:36:33 PM |
|
Banks make money by investing clients money that they deposit and by selling loans to the customers.
|
|
|
|
|
syaripudin
Sr. Member
Offline
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
|
|
October 12, 2018, 04:15:56 PM |
|
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
banks as financial centers will find ways to make money and there are several ways which of course can be done by banks, one of which is by utilizing funds that have been deposited into the bank by the customers of course the bank will play it by allocating it to loans for companies that will borrow funds at the bank, and of course the profits that will be obtained by the bank will be quite large. |
|
|
|
|
basyang
|
|
October 12, 2018, 10:37:52 PM |
|
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Based on what I read, Bank is a lending money to people with a higher rate of interest of the money they lend. Banks works is collecting interest to there loans and to the credit cards and debit cards. Banking has a rules and regulation when it comes to ATM processing, teller operations, loaning and so on. Bank can really helo the economy because of its process that could help our government. |
|
|
|
|
hxtop
|
|
October 13, 2018, 12:23:32 AM |
|
Banks buy money from people and companies and sell this money to others with a higher interest and commission. This is basic income. However, credit cards, insurance policies, account operating fees, transfer fees, mediate import and export transactions, banks take transaction fees and commissions from all types of transactions. In addition, government bonds, funds etc. invest in things like.
|
|
|
|
|
|
Vohoanghiep
|
|
October 13, 2018, 01:04:10 AM |
|
I think banks make money from a variety of sources, but mostly from lending. In addition to loans, banks also make money from ATM card services, VISA cards and many other types of credit cards. In addition, they invest in large projects and expand them throughout the country and the world
|
|
|
|
|
Lexurdania
Member
Offline
Activity: 840
Merit: 10
|
|
October 13, 2018, 05:45:37 AM |
|
How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?
Banks have many bussiness, they providing service to their customer and they get money from it. Beside lending, in some country, banks can make investment with their customer money and make a profits. Many bussiness thats banks does and one of that is forex |
|
|
|
|
